Tag Archives: FICO

07Sep/21

FICO Survey: UK Borrowers 31 Percent More Likely to Open Account Digitally Than in 2020

A new study in the UK by analytics software firm FICO shows that UK consumers today are 31 percent more likely to open an account digitally than a year ago. However, the surprising outliers in the rush to digital-first account opening are Generation Z (Gen Z). Financial education is key as it appears that digital savviness is not enough to counter the need for in-person help and advice when selecting banking providers. Continue reading